Property Prices Comparison Between Latvia and Ireland

For major cities in those countries you get more relevant data by specifying cities.

City in Latvia:
City in Ireland:

Index	Latvia	Ireland
Price to Income Ratio:	8.96	7.23
Mortgage as Percentage of Income:	66.46%	54.48%
Loan Affordability Index:	1.50	1.84
Price to Rent Ratio - City Centre:	24.35	13.56
Price to Rent Ratio - Outside of Centre:	21.62	12.24
Gross Rental Yield (City Centre):	4.11%	7.37%
Gross Rental Yield (Outside of Centre):	4.63%	8.17%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Latvia Edit	Ireland Edit	Difference
Apartment (1 bedroom) in City Centre	461.25 €	1,615.08 €	+250.2 %
Apartment (1 bedroom) Outside of Centre	319.78 €	1,416.10 €	+342.8 %
Apartment (3 bedrooms) in City Centre	815.62 €	2,767.80 €	+239.3 %
Apartment (3 bedrooms) Outside of Centre	539.71 €	2,246.04 €	+316.2 %
Buy Apartment Price	Latvia Edit	Ireland Edit
Price per Square Feet to Buy Apartment in City Centre	225.83 €	434.34 €	+92.3 %
Price per Square Feet to Buy Apartment Outside of Centre	136.21 €	332.45 €	+144.1 %
Salaries And Financing	Latvia Edit	Ireland Edit
Average Monthly Net Salary (After Tax)	1,086.94 €	2,853.12 €	+162.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.23	4.41	+4.3 %
Last update:	June 2024	June 2024
Contributors in the past 12 months:	85	296

Country data (source The World Bank, 2024)	Latvia	Ireland
GDP Per Capita (PPP) ($) :	33,000.00	112,400.00
GDP Growth Rate:	3.36	9.43
Population Growth Rate:	-1.13	1.09

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